Currently VIX going up with SPX up, not a bullish setting for SPX, and it may close in red today ....................
SPX formed a bearish spinning top candlestick with VIX a gravestone at the bottom - I see a bearish reversal is in the cards for SPX, albeit intra-day pumping and dumping moves .................
It looks that they are still trying the same intra-day pump-and-dump game at this topping place. Watch out on the Fed meeting minutes in the afternoon ....................
Edited by redfoliage2, 05 January 2022 - 10:03 AM.